LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
May 13, 1997
TO: Honorable Eddie Lucio, Jr., Chair IN RE: House Bill No. 1243, As Engrossed
Committee on Intergovernmental Relations By: Holzheauser
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB1243 ( Relating
to energy savings projects for local governments.) this office
has detemined the following:
Biennial Net Impact to General Revenue Funds by HB1243-As Engrossed
No fiscal implication to the State is anticipated.
This bill would allow local governments to enter into lease/purchase
contracts for energy conservation measures, but would limit
a local governments contractual obligations in any one year
could not exceed the cost savings of conservation measures divided
by the number of years in the contract term.
No significant
fiscal implication to units of local government is anticipated.
Source: Agencies:
LBB Staff: JK ,TL ,BB